MultiSensor AI Holdings, Inc. (NASDAQ:MSAI) Sees Large Decrease in Short Interest

MultiSensor AI Holdings, Inc. (NASDAQ:MSAI) was the target of a large drop in short interest in March. As of March 13th, there was short interest totaling 511,949 shares, a drop of 22.6% from the February 26th total of 661,291 shares. Currently, 0.7% of the shares of the stock are sold short. Based on an average daily volume of 1,351,697 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of MultiSensor AI

Several hedge funds have recently modified their holdings of MSAI. Susquehanna International Group LLP bought a new position in MultiSensor AI in the 3rd quarter valued at $38,000. Geode Capital Management LLC raised its position in shares of MultiSensor AI by 44.6% during the fourth quarter. Geode Capital Management LLC now owns 403,492 shares of the company’s stock worth $116,000 after acquiring an additional 124,413 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of MultiSensor AI during the fourth quarter worth $58,000. Ghisallo Capital Management LLC acquired a new position in shares of MultiSensor AI during the fourth quarter valued at $72,000. Finally, Sanders Morris Harris LLC lifted its stake in shares of MultiSensor AI by 8.9% during the third quarter. Sanders Morris Harris LLC now owns 3,238,786 shares of the company’s stock valued at $2,089,000 after acquiring an additional 265,130 shares during the period. 82.32% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on MSAI shares. Weiss Ratings restated a “sell (e+)” rating on shares of MultiSensor AI in a research report on Friday. Zacks Research raised MultiSensor AI to a “hold” rating in a report on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, MultiSensor AI currently has a consensus rating of “Hold” and an average price target of $3.00.

MultiSensor AI Price Performance

Shares of NASDAQ:MSAI traded up $0.03 during midday trading on Tuesday, reaching $0.23. The company’s stock had a trading volume of 705,551 shares, compared to its average volume of 1,568,365. The business’s fifty day simple moving average is $0.29 and its 200-day simple moving average is $0.53. MultiSensor AI has a fifty-two week low of $0.20 and a fifty-two week high of $2.40. The company has a market capitalization of $18.60 million, a P/E ratio of -0.72 and a beta of -0.12.

MultiSensor AI (NASDAQ:MSAI) last issued its quarterly earnings results on Thursday, March 19th. The company reported ($0.03) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.10) by $0.07. The business had revenue of $1.39 million for the quarter, compared to the consensus estimate of $1.90 million. MultiSensor AI had a negative net margin of 211.01% and a negative return on equity of 74.39%. On average, analysts forecast that MultiSensor AI will post -0.83 earnings per share for the current fiscal year.

MultiSensor AI Company Profile

MultiSensor AI, Inc (NASDAQ: MSAI) is a United States–based technology company that develops advanced biometric and sensor fusion solutions. The company leverages artificial intelligence to integrate multiple sensing modalities, delivering enhanced authentication and security capabilities for applications where reliable identity verification is essential.

Its product portfolio includes modular fingerprint and multi-sensor platforms paired with proprietary AI-driven algorithms designed to provide secure, accurate user authentication.